Topic: Be careful buying alts right now - page 19. (Read 10755 times)
When the market fully recovers you know it's a full recovery with a strong bull candles instead of being at the support level. I can see speculation about its strength since from +$17k to +$21k thinking the move is over, and entering any market at this point in time is working at a risky point.
If not now, when ? Did you know that 2019 was said to have destroyed the crypto market but became a turning point in the early revival of altcoins. if you continue to panic with the current conditions then when will you see the sunrise.
It's true and that's crypto which is not easy to predict so it's better to look at the future optimistically,indeed seeing the current market for some people it will create panic and as long as the panic is still under control it is normal,
what is clear is that it is only a matter of time to see crypto come back
This could actually be the best time to get altcoin especially as the prices are cheaper, but one has to be careful as there's a risk of the value dropping further. But when you're investing in a solid project like ethereum. You don't have to worry as the value would certainly increase more in the bull market. So be smart about investing to avoid getting burnt.
Buying in parts could be a good idea if undecided.
For many investors, this looks like the bottom of it and I feel them as the purchasing urge may be coming. So I suggest buying in different parts to avoid full regrets. The bottom of Ethereum at the last bear was $230 if I remember correctly and I doubt it will come to that point again.
$1,100 for Ethereum (time of posting) is still too far from the last ATL but it's in a good position for buyers who are in a rush. You could be in the middle of everything and if the plan is long term then it's a good buy.
For many investors, this looks like the bottom of it and I feel them as the purchasing urge may be coming. So I suggest buying in different parts to avoid full regrets. The bottom of Ethereum at the last bear was $230 if I remember correctly and I doubt it will come to that point again.
$1,100 for Ethereum (time of posting) is still too far from the last ATL but it's in a good position for buyers who are in a rush. You could be in the middle of everything and if the plan is long term then it's a good buy.
If not now, when ? Did you know that 2019 was said to have destroyed the crypto market but became a turning point in the early revival of altcoins. if you continue to panic with the current conditions then when will you see the sunrise.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
You mean the bear market is still going on, indeed that's everyone's hope if that's what you mean.What is clear today Bitcoin has gone to $20k yesterday it touched $21k, some analysis maybe what you say can be considered, the bear market is not the last.
assets like BNB and ETH also follow the movement of the BTC market. after we saw a slight improvement in the price of BTC yesterday, it finally had to be corrected again. This confusing situation could trap anyone in a bull trap. be careful, whoever dares to take the risk.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
You mean the bear market is still going on, indeed that's everyone's hope if that's what you mean.What is clear today Bitcoin has gone to $20k yesterday it touched $21k, some analysis maybe what you say can be considered, the bear market is not the last.
The op is right, before buying anything now, you just gotta be extremely carefully. The market hasn't fully recovered. You might just get trapped.
I think generally buying alts is a dangerous venture which
Should treated with utmost caution
I think generally buying alts is a dangerous venture which
Should treated with utmost caution
I think, this is the best time to buy altcoins because the price has decreased to a level were investors can use any amount of money to purchase a huge amount of altcoins and wait for the price to hit higher before they can sell to achieve something good from their investment. Many altcoins are demonstrating some signs, that the price will soon increase higher for those that invested a huge amount of capital on altcoins few months ago to start smiling for what is about to happen in crypto market. It is never too late to buy altcoins, because the price is still low for both long term investors and short term investors to buy and hold for future purpose.
As long as you are doing your deeper research and you keep following the updates from the developing team, there's always a good success
that awaits to your investment, not easy, but it's still possible to pick the right asset both for long-term and short-term investment, you need
to focus and deal with the improvement that the team keeps providing and how the usages are getting the attention of more investors like you,
it will bring a decent amount of benefits when the market take turn and starts to rally back.
I think, this is the best time to buy altcoins because the price has decreased to a level were investors can use any amount of money to purchase a huge amount of altcoins and wait for the price to hit higher before they can sell to achieve something good from their investment. Many altcoins are demonstrating some signs, that the price will soon increase higher for those that invested a huge amount of capital on altcoins few months ago to start smiling for what is about to happen in crypto market. It is never too late to buy altcoins, because the price is still low for both long term investors and short term investors to buy and hold for future purpose.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
Helpful advice, even though the market has almost bottomed out after the last drop but certainly will not rush to increase again, maybe the market will go sideways for a long time before starting to increase. At this point, we should stay out of the market and continue observing instead of catching the bottom at this time.
The current market conditions are very bad so it is better not to invest now because if you invest you may lose your token. Investing in altcoin is now very risky. You can be risk free Bitcoin price has come down a lot now from 67000 to 20000 now the market situation is a bit messy but investing is very difficult and risky so you have to consider everything and invest. Thank you.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
There is no basis to demonstrate the power of your suggestion to prohibit someone from making a coin purchase. You are just bragging and if you want to get support then you should at least show some references. Whether it's in the form of market economic issues, politics or such as analysis of price movements within a certain period of time. If not supported, then what basis can make it strong? 
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
Some may only play the dump and pump market, and finally, a shit project will dump again. This current market is something that is very unpredictable. Even the Bitcoin, the volatility is very high, and altcoins are following.
When we decide to buy altcoins during this bear market, it will have a higher risk. Moreover, if the coins or tokens are not top coins, new tokens, or low cap tokens. We still don't know if they can survive during this bearish market or not. As you said, fake pumps may also happen because of market manipulation of a certain coin. That is why we must be careful in analyzing the coins to buy, smart decisions wisely will be helpful.
I personally will only prefer top coins, but not all top coins may be worthy.
It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
Yes, the bearish season is still continuing. It will not end easily this year. Maybe there will be some market pump in a certain time, but I am not sure that the market will not be bearish again. The price of Bitcoin still has the probability to drop again like in the previous bearish era. And altcoins will be following. For investing in altcoins? Well, this may be interesting, but I also think that we must be more selective and careful to choose the right one that has a higher chance to survive. then the price may go higher in the bullish season.
Investing in new altcoins? I don't think I will, it is too risky, like gambling, isn't it?
There's nobody that can categorically tell us whether the bear market is over or there's more to come. Every information about the market conditions is at best subjective and should be taken in that light. It feels like the bear market is still in force, but there are no guarantees. If you're convinced that buying at a particular price is a good idea, don't hesitate to do so.
Agreed. Now's a good time to look at new projects, too, because in a bear market there tend to be fewer projects launching so it's easier to sift through what's out there to determine what's legitimate and worthy of your money.
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It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
This warning you are giving looks very good and I think at this point everyone is also making incremental purchases with the money they have because everyone also knows that the market is not on a good track yet and there is even a potential for a further crash to the price point lower even though the pump slowly is also very likely to occur from now on. It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
So what do you exactly mean? don't buy at this price and wait for another lows to happen this year? In any case, this is still a good buying opportunity for everyone. As for the fake out recovery, it could be, bear market lasts for at least 2 year. But again, you don't have to wait for the floor price. Just buy solid projects and coins, not shitcoin and memes. Those can jump in a bear market but it's going to be an obvious pump and dump.Agreed, you never know where "floor" is, I 'd suggest buying solid projects by investing a smaller portion of your investment fund. Diversify your portfolio and dont invest everything into a single project
Prices are low somehow. If having second thoughts you may just buy what you can afford as what being adviced all the time.
Is true that this could still not be the bottom. We're not very confident in every prediction but buts best just have something to hold or miss out. Best is to just have BTC.
Is true that this could still not be the bottom. We're not very confident in every prediction but buts best just have something to hold or miss out. Best is to just have BTC.
The point is that when the fall really ends and the recovery begins, many will start to buy above the lows. It is every investor's pipe dream to buy at the bottom right before the market turns, and in fact, without insights, 99.99% of investors will never buy at the bottom. So it is stupid to try to wait for the absolute bottom to buy, it is better to pick up promising projects step by step. And to argue that you should not buy now, because it can fall even deeper, you can forever.
By the way, that is exactly the reasoning of those who did not buy anything at the time of the covid crash in 2020, thinking that this is not the end and will fall further, in the end they were all deceived and the market began to grow without them. So if it's a utilitarian project, buy in stages rather than trying to buy everything in one go at the lowest possible price.
By the way, that is exactly the reasoning of those who did not buy anything at the time of the covid crash in 2020, thinking that this is not the end and will fall further, in the end they were all deceived and the market began to grow without them. So if it's a utilitarian project, buy in stages rather than trying to buy everything in one go at the lowest possible price.
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